Independent Auditors' Consent
To the Shareholders and Board of Directors of
Smith Barney Arizona Municipals Fund Inc.:
We consent to the incorporation by reference, in this
Prospectus and Statement of Additional Information, of
our report dated July 13, 2000, on the statement of
assets and liabilities of the Smith Barney Arizona
Municipals Fund Inc. (the Fund) as of May 31, 2000 and
the related statements of operations for the year then
ended, the statements of changes in net assets for
each of the years in the two-year period then ended
and the financial highlights for each of the years in
the five-year period then ended. These financial
statements and financial highlights and our report
thereon are included in the Annual Report of the Fund
as filed on Form N-30D.
We also consent to the references to our firm under
the headings "Financial Highlights" in the Prospectus
and "Auditors" in the Statement of Additional
Information.
K
PMG
LLP
New York, New York
September 26, 2000
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